difficult to sell. 2. The Company will be able to recognize profit from the sale of this asset in the amount of THB 309.45 million or a net profit from the sale after deduction of fees and expenses totaling

so interest expenses have decreased. -3- (7) Statements of Comprehensive Income Profit for the year 2017 was amounted 4.38 million Baht compared last year was loss amounted 23.82 million Baht, a

assets 111.41 0 Total liabilities 1,009.15 42.86 Minority shareholders 0.00 0 Net tangible assets (NTA) 805.95 (6.78) Net profit for the last 4 quarters * 29.47 (0.27)  Calculation of transaction size

and services 7,724.99 100.00% 6,431.56 100.00% 1,293.43 20.11% Cost of sales and services 7,681.74 99.44% 5,890.19 91.58% 1,791.55 30.42% Gross profit 43.25 0.56% 541.37 8.42% (498.12) -92.01% Other

Disposal”). By calculating on a Net Operating Profit basis after tax deduction, the highest transaction size is 33.63 percent of the Value of the Net Profit of the Company according to the consolidated

last year by 9.6 percent. The Company has the average passenger load factor at 67.9 percent, declined from 69.8 percent. 3 ASIA’S BOUTIQUE AIRLINE The Company reported profit before income tax amounting

recognized as an adjustment to retained earnings as at January 1,2020. The Company announced Q1/2020 Performance with Baht 699 million of Net Profit which decreased by 78.5% from Baht 3,247 million of Q1/2019

is recognized as an adjustment to retained earnings as at January 1,2020. The Company announced Q1/2020 Performance with Baht 699 million of Net Profit which decreased by 78.5% from Baht 3,247 million

benefit expenses 17.84 33.51 24.25 12.84 Profit (Loss) before tax (94.15) (176.84) 0.13 0.07 Tax - - - - Net Profit (loss) for the period (94.15) (176.84) 0.13 0.07 Profit (Loss) attributable to owners of

) (193.6) 45.2% (194.2) 44.8% Share of profit/loss from JVs/associates (equity income) (238.4) (22.5) (962%) 99.4 n.a. Reported Net Profit/Loss (806.6) (238.4) (238%) 1,752.2 n.a. GOP margin (%) 51.8% 56.8